The Financial Services Authority (FSA) has expressed concerns that an increase in advised sales of investment bonds by life insurance companies may be a sign of a commission grab ahead of the implementation of the Retail Distribution Review (RDR).
Scottish Widows will not facilitate adviser charging on its Retail Distribution Review (RDR)-compliant onshore investment bond because of the potential tax detriment.
Greece has confirmed it received enough support from creditors to carry out a vital debt swap which drastically cuts the value of debt owned by bondholders.
Daniel Kiernan, director of Intelligent Partnership, explains the case for including some directly held tangible assets in your clients' portfolios.
The Financial Ombudsman Service (FOS) has ruled against a bank for advising a client to invest £3.2m in a bond issued by failed US insurer AIG.
City Asset Management (CAM) has launched its unitised discretionary portfolio offering on the Skandia platform.
Societe Generale has launched an advisory service for the bond market, aimed at high net worth clients.
PIMCO's Bill Gross, manager of the world's biggest bond fund, has apologised to his investors for a "stinker" of a year after failing to anticipate the fear driving markets since the summer.